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Co-founder & managing director vs product manager

The differences between co-founder & managing directors and product managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 8-10 years to become both a co-founder & managing director and a product manager. Additionally, a co-founder & managing director has an average salary of $151,426, which is higher than the $111,729 average annual salary of a product manager.

The top three skills for a co-founder & managing director include business strategy, financial management and start-up. The most important skills for a product manager are product management, QA, and product strategy.

Co-founder & managing director vs product manager overview

Co-Founder & Managing DirectorProduct Manager
Yearly salary$151,426$111,729
Hourly rate$72.80$53.72
Growth rate10%10%
Number of jobs29,900125,678
Job satisfaction-5
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 72%
Average age3939
Years of experience1010

Co-founder & managing director vs product manager salary

Co-founder & managing directors and product managers have different pay scales, as shown below.

Co-Founder & Managing DirectorProduct Manager
Average salary$151,426$111,729
Salary rangeBetween $63,000 And $358,000Between $81,000 And $152,000
Highest paying City-San Francisco, CA
Highest paying state-California
Best paying company-Meta
Best paying industry-Retail

Differences between co-founder & managing director and product manager education

There are a few differences between a co-founder & managing director and a product manager in terms of educational background:

Co-Founder & Managing DirectorProduct Manager
Most common degreeBachelor's Degree, 72%Bachelor's Degree, 72%
Most common majorBusinessBusiness
Most common collegeUniversity of GeorgiaUniversity of Georgia

Co-founder & managing director vs product manager demographics

Here are the differences between co-founder & managing directors' and product managers' demographics:

Co-Founder & Managing DirectorProduct Manager
Average age3939
Gender ratioMale, 82.7% Female, 17.3%Male, 65.3% Female, 34.7%
Race ratioBlack or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2%
LGBT Percentage10%10%

Differences between co-founder & managing director and product manager duties and responsibilities

Co-founder & managing director example responsibilities.

  • Manage business forecasts, ordering and logistics of materials, equipment and services.
  • Design online marketing strategy and lead professional marketing team and interns in SEO, SEM, social media marketing.
  • Provide oversight to ensure projects and programs within various portfolios are in compliance with establish standards to achieve business transformation objectives.
  • Provide oversight to ensure projects and programs within various portfolios are in compliance with establish standards to achieve business transformation objectives.
  • Direct product definition, design and production of infrare remote control systems for OEM market.
  • Identify by OEM's as the regions top retailer due to innovative floor plans and merchandising.
  • Show more

Product manager example responsibilities.

  • Lead collaborative efforts within the PMO, vendors, customers, and internal stakeholders.
  • Manage developers accountable for coding, database development, UI implementation, and system architecture.
  • Manage inventory service levels / overstocks /defective inventory and supplier buy-in opportunities to maximize ROI.
  • Lead customization of the company's administrative SaaS software solution by defining features and functionality for internal/external stakeholder teams.
  • Lead weekly meetings between engineering, sales/marketing, and QA departments to facilitate communication, collaboration and resolution of product issues.
  • Handle design and specification of administration system requirements to efficiently manage, operate, and support client API configurations and sessions.
  • Show more

Co-founder & managing director vs product manager skills

Common co-founder & managing director skills
  • Business Strategy, 16%
  • Financial Management, 13%
  • Start-Up, 9%
  • Business Plan, 6%
  • Real Estate, 5%
  • Human Resources, 4%
Common product manager skills
  • Product Management, 11%
  • QA, 5%
  • Product Strategy, 5%
  • Project Management, 4%
  • Market Research, 4%
  • User Stories, 4%

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